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A process-based approach to business risk analysis: The Royal Navy experience

✍ Scribed by Marcus Blosch; Jiju Antony


Publisher
John Wiley and Sons
Year
1998
Tongue
English
Weight
323 KB
Volume
5
Category
Article
ISSN
1092-4604

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✦ Synopsis


Risk analysis approaches have long been used in the context of financial or engineering problems, but to date has little impact on more general business-related problems. This paper is a result of a two-year research project commissioned by the UK's Royal Navy's Naval Manning Agency, with particular reference to risk analysis within the manpower planning system. The paper develops a general approach to risk analysis more suited to business problems and presents the results generated by the research project.